Abu Dhabi real estate transactions exceed AED 23 billion


Real estate transactions worth AED 23.57 billion were recorded in Abu Dhabi in the first half of 2021.

As many as 7,046 transactions were reported in total, which included sales as well as mortgages of land, buildings and real estate units of all kinds.

Al Reem Island (AED 2.07 billion), Yas Island (AED 1.61 billion) and Saadiyat Island (AED 1.36 billion) were the best-performing areas in terms of total sales value.

"The emirate's real estate market has recorded remarkable growth this year, despite the recent changes in the global markets," said Dr. Adeeb Al Afeefi, Executive Director of the Real Estate Sector at Abu Dhabi's Department of Municipalities and Transport (DMT).

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